EU MRV is based on Regulation (EU) 2015/757 covering the monitoring, reporting and verification of carbon dioxide emissions from maritime transport, it entered into force on 1 July 2015.
This regulation applies to ships above 5,000 gross tonnages that are calling at any EU or EEA (Norway/Iceland) port and carrying on commercial activities. Consequently, stops for the sole purposes of refueling, obtaining supplies, relieving the crew, going into dry-dock or making repairs to the ship and/or its equipment, stops in port because the ship is in need of assistance or in distress, ship-to-ship transfers carried out outside ports, and stops for the sole purpose of taking shelter form adverse weather or rendered necessary by search and rescue activities are excluded.
The company shall monitor and report following the parameters : port of departure and port of arrival including the date and hour of departure and arrival, the amount and emission factor for each type of fuel consumed in total, CO2 emitted, distance travelled, time spent at sea, cargo carried, transport work, average energy efficiency.